Tampa Flip or Rent

Tampa Flip or Rent

3 bed 2 bath 973 sq ft Built in 1953 Single Family
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54
Quality of Comparables
Low High
18 /20
Level of Rehab
Heavy Light
5/20
Location of Neighborhood
Far Close
16/20
Quality of Floor Plan
Choppy Flowing
5/20
School Rating
F A
3/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

Here is an excellent opportunity to invest in Tampa. This home features three bedrooms, two bathroom, and no HOA! We recommend a heavy rehab, including new laminate flooring,new full kitchen, and countertops, as well as new bathrooms. Additionally, the AC unit and roof will need to be replaced. Tampa is a proven market, with properties typically lasting less than a week on the market. This home is just minutes away from beaches, restaurants, and shopping centers. With the right marketing and rehab, this property should quickly attract buyers looking to settle in Tampa. The After Repair Value (ARV) is conservatively estimated at $290,000, and rent for a 3-bedroom 2-bath in the area is around $2,200. Be sure to contact your EquityPro Advisor to secure this investment.

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We recommend flip
Rental Income
$2,000 mo. / $24,000 yr.
Estimated Taxes
$1,585 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$18,515
Projected Income
8.47%
Estimated APY
$45,325
Projected Income
18.91%
Estimated ROI

Comps

 
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